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Friday, January 4, 2013
Lenovo and EMC Create LenovoEMC JV
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EMC and Lenovo Thursday extended a strategic
partnership to include sales of co-branded
network-attached storage (NAS) devices to small and
mid-sized businesses and corporate branch offices.
Lenovo and EMC have completed the formation of
LenovoEMC Ltd, the joint venture previously announced
in August 2012 along with a wider strategic partnership
in industry standard servers and networked storage
solutions.
"Lenovo's record as one of the fastest-growing
technology companies in the world and Iomega's heritage
as a leader in network storage solutions enables the
joint venture to pursue growth opportunities and drive
innovation in the SMB NAS market," said Eric Arcese,
President and General Manager, LenovoEMC Ltd. "With the
joint venture now underway, there's a real sense of
opportunity and excitement as we work with our partners
and customers to firmly establish LenovoEMC Ltd as a
leader in the fast-growing global SMB storage market."
The Iomega networked storage portfolio includes
desktop, tower and rackmount array products ranging in
capacity from diskless versions (0TB) up to 48TB.
Iomega NAS solutions include the award-winning EMC
LifeLine operating system, which combines features and
benefits with an ease-of-use tailored to small business
users, remote enterprise offices, departmental data
centers and others. These capabilities provide a
storage expansion to Lenovo's ThinkServer and
ThinkStation server and workstation offerings.
In addition to the JV, the global strategic partnership
between Lenovo and EMC Corporation also encompasses an
x86 server technology development program, as well as
an OEM and reseller relationship for EMC's storage
solutions.
Both EMC and Lenovo are shareholders of LenovoEMC Ltd,
with Lenovo holding the majority interest. |
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